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ENBD REIT announces rent relief measures to help tenants overcome impact of Covid-19

ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced a relief initiative for tenants that...

Investment Corporation of Dubai (ICD) shares 2019 financial results

Investment Corporation of Dubai (ICD) today announced its consolidated financial results for theyear ended 31 December 2019 having achieved Revenues of AED 228.0 Billion...

Arab Monetary Fund extends a new Automatic Loan to the Kingdom of Morocco, with an amount of Arab Accounting Dinar 30.844 million, the equivalent...

The Arab Monetary Fund (AMF) is keen to support the efforts of its member countries to implement economic, financial and structural reforms, in face...

GEIDEA Launches Beta Testing For New Payment Process Products In Saudi SME Market

Leading Saudi fintech company, Geidea has officially launched its BETA testing for a host of new state of the art digital payment processing and...

Four common payroll pitfalls to avoid

Payroll management sounds simple in theory. However, it’s surprisingly easy for a growing business to make payroll-related mistakes, especially if it doesn’t have robust...

Local efforts supported by Standard Chartered in fight against COVID-19

Standard Chartered has announced today the enactment of several financial and charitable efforts geared towards supporting local UAE authorities in curbing the spread of...

Amazon Web Services Outposts Now Available in UAE and Saudi Arabia

Amazon Web Services (AWS) today announced the general availability of AWS Outposts in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia...

OpenWay Launches Hygienic Payment Solution for Distributing Financial Aid

OpenWay, a digital payments software provider, has launched a new solution: Way4 Social Cards. The solution digitalizes distribution of social benefits and eliminates common...

Executive Appointment: Mashreq Appoints Mufazzal Kajiji as Head of Mashreq Gold and Executive Vice President

Mashreq, has appointed Mufazzal Kajiji as the new Head of Mashreq Gold and Executive Vice President of Mashreq Bank, to take over from Ishrat...

UAE currently does not intend to increase VAT

The Ministry of Finance (MoF) has denied any plans currently to raise the Value Added Tax (VAT) in the United Arab Emirates. VAT is...

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